Columbia Financial shareholders approve Northfield Bancorp acquisition in second-step conversion vote
Columbia Financial, Inc. CLBK | 0.00 |
- Columbia Financial’s pending acquisition of Northfield Bancorp is set to close alongside its second-step conversion to a fully public holding company structure.
- Stockholders backed the deal at a June 25 meeting; Columbia Bank MHC depositors also cleared the conversion on June 29.
- The subscription offering raised about USD 1.1 billion, excluding the employee stock ownership plan.
- An underwritten offering is expected to start the week of July 6 at USD 10 per share for stock not sold in the subscription offering.
- Closing remains subject to final approvals and selling at least 142,375,000 shares, including shares issued as Northfield merger consideration.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Columbia Financial Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001723596-26-000031), on July 02, 2026, and is solely responsible for the information contained therein.
